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Zero Knowledge, battered by layoffs, now plans IPO



The release:
http://www.zeroknowledge.com/media/pressrel.asp?rel=20020604

---

From: Dov Smith <dov@zeroknowledge.com>
To: ZKS Press Releases <zks-press@zks.net>
Subject: [Zero-Knowledge Press Release] Zero-Knowledge Systems Files
Preliminary Prospectus For Initial Public Offering
Date: Tue, 4 Jun 2002 08:15:06 -0400

==================================================================
Zero-Knowledge Systems Press Release, http://www.zeroknowledge.com
==================================================================

For Immediate Release

Zero-Knowledge Systems Files Preliminary Prospectus For Initial Public
Offering

MONTREAL, Quebec-June 3, 2002-Zero-Knowledge® Systems, a provider of
security and privacy software for consumers and businesses, today announced
it has filed a preliminary prospectus for an initial public offering.

The net proceeds of the offering will be used to fund the commercial growth
of the company's consumer and enterprise software solutions. The offering
would consist of the issuance of common shares listed on the TSX-Venture
Exchange under the ticker symbol 'ZKS'. Yorkton Securities Inc. is acting as
underwriter for the offering.

About Zero-Knowledge Systems

Zero-Knowledge Systems (www.zeroknowledge.com) is a provider of security and
privacy solutions for consumers and businesses. The Company's consumer
product, Freedom® Security & Privacy Suite 3.2, is a defence against hackers
and viruses, and it enables web-browsers to retain their security and
privacy while using the Internet. The Company's corporate solution,
Enterprise Privacy Manager (EPM) 1.0, enables enterprises to define,
implement and manage corporate privacy policies and practices within their
existing IT environment. Zero-Knowledge Systems is headquartered in
Montreal, Quebec. Media can visit the online pressroom at
http://www.zeroknowledge.com/media.

For further information:

Dov Smith/Zero-Knowledge Systems
514.350.7553/dov@zeroknowledge.com

David Mason/The Equicom Group
416.815.0700 x 237/dmason@equicomgroup.com

--------------------------

A l'attention des rédacteurs de la chronique affaires :

Zero-Knowledge Systems dépose un prospectus provisoire pour un placement
initial de titres

MONTREAL, QC, le 3 juin-Zero-Knowledge Systems, fournisseur de logiciels de
sécurité et de protection des renseignements aux consommateurs et aux
entreprises, a annoncé aujourd'hui qu'elle a déposé un prospectus provisoire
pour un placement initial de titres.

Le produit net du placement servira à financer la croissance commerciale des
solutions logicielles de la Société, destinées aux consommateurs et aux
entreprises. Le placement consisterait en l'émission d'actions ordinaires
inscrites à la Bourse de croissance TSX sous le symbole «ZKS». Yorkton
Securities Inc. agira à titre de preneur ferme.

A propos de Zero-Knowledge Systems

Zero-Knowledge Systems (www.zeroknowledge.com) est un fournisseur de
solutions de sécurité et de protection des renseignements aux consommateurs
et aux entreprises. Le produit grand public de la Société, le progiciel de
sécurité et de protection des renseignements Freedom 3.2, est un outil de
défense contre les pirates informatiques et les virus. Il assure la sécurité
et la confidentialité des renseignements pour les navigateurs Web lors du
branchement à Internet. La solution d'affaires de la Société, Enterprise
Privacy Manager (EPM) 1.0, permet quant à elle de définir, d'implanter et de
gérer les politiques et les pratiques de confidentialité des renseignements
dans les entreprises à partir de l'environnement informatique qui y prévaut.
Zero-Knowledge Systems a son siège social à Montréal. Les médias peuvent
consulter la salle des nouvelles virtuelle du site Web de la Société à
l'adresse http://www.zeroknowledge.com/media.

Pour de plus amples renseignements, communiquez avec :

Dov Smith/Zero-Knowledge Systems
514 350-7553/dov@zeroknowledge.com

David Mason/The Equicom Group
416 815-0700, poste 237/dmason@equicomgroup.com

________________________________

   Dov Smith
   Director of Public Relations
   Zero-Knowledge Systems, Inc.
   T 514.350.7553 F 514.286.2755
   mailto:dov@zeroknowledge.com
   www.zeroknowledge.com/media
________________________________

--- end forwarded text





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